International payments posted a surplus of USD 8bn during January-August.

By bne IntelliNews September 17, 2012
Vietnam's international payments posted a surplus of USD 8bn during the first eight months of this year. As reported by Dow Jones Global Equities News, Prime Minister Nguyen Tan Dung stated foreign exchange reserves posted growth of 100% during August, from the beginning of the year. The nation's economic growth and inflation is likely to be registered at 5.5% and 6% this year. Thus, the nation is unlikely to need loans from the International Monetary Fund (IMF) or the Association of South-East Nations (ASEAN) to tackle the domestic economic situation as the macroeconomic conditions in the economy is quite bright at the moment.

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